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MarketScreener Homepage  >  Equities  >  Tokyo  >  Honda Motor Co Ltd    7267   JP3854600008

HONDA MOTOR CO LTD (7267)
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Honda Motor : Construction of Karnal driving institute begins

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01/12/2019 | 09:33am EST

The state government, with the help of Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI), on Friday started the construction work of the Institute of Driving Training and Research (IDTR) on the premises of the new bus stand near the Baldi bypass.

The project aims at promoting road safety and generating traffic sense among commuters. The foundation stone of the project was laid by Chief Minister Manohar Lal Khattar in March. As per the authorities, the IDTR will be developed this year with an investment of Rs 20 crore.

Dhanpat Singh, Additional Chief Secretary, Transport; Harbhajan Singh, director general, corporate affairs, HMSI, along with other officials, were present.

We have taken various CSR initiatives in the field of health, environment, education, road safety and rural development in Haryana. The purpose of the IDTR facility is to impart practical training, develop sound driving habits and generate traffic sense among trained people to become more competent drivers/riders, said Harbhajan Singh.

Dhanpat Singh said there would be test tracks and well-maintained vehicles for training. Besides, there would be a classroom with latest training aids and computerised systems. TNS

(c) 2019 All rights reserved, content and design by Arrowmedia Israel Ltd. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (JPY)
Sales 2019 15 831 B
EBIT 2019 -
Net income 2019 731 B
Debt 2019 4 810 B
Yield 2019 3,60%
P/E ratio 2019 7,79
P/E ratio 2020 7,43
EV / Sales 2019 0,67x
EV / Sales 2020 0,65x
Capitalization 5 824 B
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Number of Analysts 21
Average target price 3 946  JPY
Spread / Average Target 23%
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NameTitle
Takahiro Hachigo President, CEO & Representative Director
Seiji Kuraishi COO, Representative Director, VP & Head-Strategy
Kohei Takeuchi Senior MD, Head-Finance & Administration
Yoshiyuki Matsumoto Senior Managing Director, Head-R&D
Toshiaki Mikoshiba Senior MD, GM-North America & Head-Sales
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